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flag OPEC+ boosts oil production by 411,000 barrels per day, causing oil prices to drop by 6%.

flag OPEC+ countries have decided to boost oil production by 411,000 barrels per day in May, exceeding initial plans. flag This move follows a meeting where the group cited positive market outlooks. flag The decision comes amid rising concerns over global market conditions and the impact of U.S. tariffs. flag Oil prices dropped by 6% following the announcement. flag The group will reassess production levels for June in their next meeting on May 5.

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